893038968RR0001 — 0210
Registered — Richmond, BC — Public Foundation
Scores: Legitimacy 100/100 · Effectiveness 91/100
Financials: Revenue $299,003 · Expenditures $9,994
Figment Foundation is a 35-year-old BC public foundation (designation 2) operating as a grantmaking endowment with nearly $1.65M in assets. Its flags reflect lumpy major-gift revenue and concentrated grantmaking typical of a small foundation, not operational concerns.
Our Verdict: A long-established grantmaking foundation whose volatile-revenue and concentrated-flow flags are structural to how foundations receive and deploy major gifts; donors don't typically give to such vehicles, and its compliance picture is essentially clean.